Is this the same "Open Ledger Project" as CCEDK?
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http://www.wired.com/2015/12/big-tech-joins-big-banks-to-create-alternative-to-bitcoins-blockchain/The article linked-to above says, "Several major companies ... IBM, Intel, ...Cisco, London Stock Exchange Group, JP Morgan, Wells Fargo... have joined forces to create an alternative to the blockchain...
Overseen by the not-for-profit Linux Foundation, this open source project aims to build blockchain-like technology that can bring a new level of automation and transparency to a wide range of services...
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Dubbed the Open Ledger Project, this effort is a re-imagining of several big ideas. ...